Singapore

Online grocery and food delivery demand ticks higher: report

Online orders skyrocketed 300% after Singapore raised its disease response level.

Maybank, ING top creditors of embattled trader Agritrade

The Singapore-based commodity trader owes $303.11m (US$218m) to the two banks.

Singapore named 10th biggest cyberattack source in 2019

There was a growth in the number of online skimmers in Southeast Asia.

Over 1 in 5 firms at worse position after an economic crime

Only half conducted an investigation following a fraud incident.

CapitaLand refutes RAS' claims on dented rental relief packages

The company is giving up to 30% in rental rebates for its downtown mall tenants.

OCBC, Xero launch online accounting platform for SMEs

Clients will have a 12-month free access under the Start Digital Initiative.

Ezion's loss widened 78.6% to $855.5m in 2019

The group is struggling to draw down the required funds from its lenders on time.

BEYOND partners with OneConnect to create digital banking services

OneConnect is an associate of Ping An Insurance, which has a virtual bank license in Hong Kong.

Knowledge startup Arches raises $625,225 in funding round

Investment was raised by Vietnamese accounting firm I-GLOCAL.

Keppel unit buys 50% of Watermark Retirement Communities for $117.59m

It has now been converted into a Delaware limited liability company.

Investors steer clear of weak corporate bonds as default risks rise

Companies in struggling sectors will likely face refinancing risks in 2020 as investors go for higher-grade corporate bonds.

5G's success in Singapore hangs on competition and consumer acceptance

Investors dread that multiplayer competition and consumer sentiments might hinder its roll out.

February buybacks doubled to $67.9m

Over half of the buybacks for the month were made by DBS.

Daily Markets Briefing: STI down 0.11%

Venture led the gains amongst top active stocks with a 2.31% growth.

Chart of the Day: Tourism arrivals to drop by 28% in 2020

Singapore hotels are bearing the brunt of the plunging tourism growth.